Editor: David Reiss
Brooklyn Law School

October 26, 2018

How To Buy A Foreclosed Home

By David Reiss

US News & World Report quoted me in  How to Buy a Foreclosed Home. It opens, As home prices soar in many cities, buyers might look to foreclosures as an affordable option for landing their dream home. Typically, a foreclosure occurs … Continue reading

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October 26, 2018 in foreclosure | Permalink | No Comments

February 12, 2018

Redefault Risk After the Mortgage Crisis

By David Reiss

  Paul Calem et al. of the Phillie Fed posted Redefault Risk in the Aftermath of the Mortgage Crisis: Why Did Modifications Improve More Than Self-Cures? The abstract reads, This paper examines the redefault rate of mortgages that were selected for modification … Continue reading

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February 12, 2018 in foreclosure | Permalink | No Comments

November 6, 2017

A Shortage of Short Sales

By David Reiss

Calvin Zhang of the Federal Reserve Bank of Philadelphia has posted A Shortage of Short Sales: Explaining the Under-Utilization of a Foreclosure Alternative to SSRN. The abstract reads, The Great Recession led to widespread mortgage defaults, with borrowers resorting to both … Continue reading

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November 6, 2017 in foreclosure | Permalink | No Comments

October 2, 2017

Foreclosure Alternatives

By David Reiss quoted me in 3 Foreclosure Alternatives: What to Do Before Your Mortgage Goes Underwater. It opens, Maybe you’ve missed a couple of monthly mortgage payments. Maybe a notice of default from your lender is looming right now. You understand the severity of … Continue reading

May 15, 2017

Buying a Foreclosure or Short Sale

By David Reiss

DailyWorth quoted me in Should I Buy a Foreclosure or Short Sale? It reads, in part, I’m looking to buy a new home, and I’ve noticed that there are a couple of “short sale” and foreclosed homes in the area where … Continue reading

January 27, 2017

Foreclosure or Short Sale?

By David Reiss quoted me in Which One Is Worse: Foreclosure or Short Sale? It opens, If you’re faced with either a foreclosure or a short sale situation and aren’t sure what to do, read on. We asked some experts which one is … Continue reading

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January 27, 2017 in foreclosure | Permalink | No Comments

August 3, 2016

The Future of Mortgage Default

By David Reiss

The Consumer Financial Protection Bureau has shared its Principles for the Future of Loss Mitigation. It opens, This document outlines four principles, Accessibility, Affordability, Sustainability, and Transparency, that provide a framework for discussion about the future of loss mitigation as … Continue reading

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August 3, 2016 in foreclosure | Permalink | 1 Comment